Ford Motor Co (F.N) will announce a new automobile plant in the central Mexican state of San Luis Potosi during the first quarter, three Mexican officials familiar with company plans said on Thursday.
The plant should produce around 350,000 cars annually, according to two officials, and the investment should be worth slightly over $1.5 billion, one of them said, speaking on condition of anonymity.
Ford declined to comment on the reports.
"We do not comment on speculation," company spokeswoman Kelli Felker said.
It is not clear yet which model will be built at the plant.
Ford said . . .
